Etihad Credit Insurance (ECI), the UAE government’s credit protection company, and KazakhExport, an export insurance company, have entered into a Memorandum of Understanding (MoU) to boost trade and support sustainable economic growth between the UAE and Kazakhstan.
Etihad Credit Insurance is a key player in the UAE’s export credit industry, functioning as the country’s Federal export credit company. Its primary objective is to foster the growth of non-oil exports, trade, investments, and strategic sectors by enhancing the competitiveness of businesses operating in both local and international markets. In addition to risk protection, Etihad Credit Insurance plays a crucial role in facilitating global growth for businesses. We provide valuable market intelligence, equipping companies with the necessary insights to make informed decisions and explore new opportunities in international trade. We strive to simplify and streamline the process of engaging in global trade, ensuring businesses have easy access to international markets.
This agreement aligns with the “We the UAE 2031” vision, which aims to strengthen bilateral economic relations and foster sustainable growth in sectors such as renewable energy, waste management, and halal product manufacturing.
The UAE seeks to solidify its position as a global trade and finance hub and attract major international companies.
Raja Al Mazrouei, CEO of ECI, signed the MoU with Aslan Kaligazin, Chairman of KazakhExport, during the 13th Annual Aman Union General Meeting held in Dubai.
Under the agreement, the two entities will offer Sharia-compliant insurance, trade credit, and export solutions to UAE and Kazakh exporters, safeguarding them against potential commercial risks in international business transactions.
This collaboration aims to facilitate the growth and expansion of businesses, particularly exporters and small and medium-sized enterprises (SMEs), and contribute to the overall economic development of both countries.